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Investment
curbs unlikely for UTI-II - Norms to focus on isolating
undue influence
Mumbai: It would be business as usual at UTI-II.
The Government has decided not to specify any investment
restrictions in the guidelines under preparation to avoid
any `conflict of interest' between the trust and its four
institutional sponsors.
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HDFC
launches toll-free NSE trading in Hyderabad
Hyderabad: The capital market investors of the
twin cities of Hyderabad and Secunderabad can now enjoy
the benefits of trading on the National Stock Exchange
(NSE) from the comforts of their home or office over phone
by dialling a toll-free number, thanks to HDFC Securities
Ltd (HSL), the equity broking house promoted by HDFC Ltd,
HDFC Bank Ltd and Chase Capital Partners.
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CD
price hike talk lifts Moser-Baer
Mumbai: On a day when most stocks were hammered
down, Moser-Baer India bucked the trend. The share price
of the company gained 3.61 per cent at Rs 224.15 on the
BSE with volumes of 2.35 lakh shares.On the NSE, the stock
gained 4.09 per cent at Rs 225 with volumes of 5.81 lakh.
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Dow
dives 172 points at close
Mumbai: Stocks fell sharply on Monday, sliding
closer to the 3-year-old bear market's lows, as the rising
drumbeat of war unnerved investors who see little to cheer
about in the weak US economy.
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Lucent
order revives Hughes Software
Mumbai: Hughes Software Systems, the telecom software
developer, has been in the limelight over the last one
month when most other technology stocks were falling.
The rise in the stock price of the company was attributed
to the recent order from from Lucent Technologies that
has revived interest of the fund managers and FIIs.
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SEBI
puts `liquidity' issue in regional SEs' court
Mumbai: A majority of the regional stock exchanges
(RSEs) are making a case that their lifeline (listing
fees from mandatory listing stipulation) should not be
abruptly disconnectedwithout the capital market regulator
addressing the problem of absence of liquidity in most
of the listed stocks.
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